Xero Not for Profit Organization
WHO CAN ACCESS THIS COURSE :-
- Anybody how wants to learn Not for Profit accounting in a practical way
WHAT ARE YOUR REQUIREMENTS FOR THIS COURSE ?
- None – Xero generally has a free 30 day trial (great tool for us)
WHAT YOU ARE GOING TO LEARN FROM THIS COURSE ?
- How to set up Xero for a Not for Profit Organization
- How to use free resources to optimize learning
- How to use category tracking to generate Not for Profit reports
- How to create and use pledge receipt forms
- How to enter and track restricted resources
- How to enter month end adjusting entries
- How to allocate expenses to programs and administrative categories
- How to record net assets released from restriction
- How to generate, analyze, memorize, & export to Excel financial reports
Learners will understand how to set up Xero for a Not for Profit Organization.
The course will show how to use free resources to optimize learning.
We will demonstrate the use of category tracking to generate Not for Profit reports.
Learners will see how to create and use donation receipt forms.
We will show how to create and use pledge receipt forms.
The course will demonstrate how to enter and track restricted resources.
We will enter month end adjusting entries.
Learners will see how to allocate expenses to programs and administrative categories.
We will record net assets released from restriction.
The course will show how to generate, analyze, memorize, & export to Excel financial reports.
- 10 sections • 34 lectures • 8h 53m total length
Introduction4 lectures • 39min
- 105 Enter Recording NamePreview04:40
- Documents to Download00:00
- 110 Objectives of Practice ProblemsPreview20:17
- 112 Navigating Xero14:25
Turn On Class Tracking Feature and Add Classes1 lecture • 6min
- 120 Turn on Tracking05:30
Record Donations & Pledges3 lectures • 37min
- 122 Set up Bank Account06:04
- 125 Office Space Donated21:17
- 130 Cash Donation10:04
Enter Pledges & Track Restricted Items7 lectures • 1hr 39min
- 133 Pledge Customize Form03:47
- 135 Pledge13:41
- 137 Customized Reports15:54
- 140 Government Grants15:28
- 142 Custom Restricted Reports13:44
- 145 Salaries Expense14:23
- 150 Donor Pledge for Construction Project21:35
Purchase & Donation of Fixed Assets & Recording Expenses2 lectures • 37min
- 155 Donation & Purchase of Furniture16:50
- 160 Month End Expenses19:52
Enter Month End Adjusting Entries1 lecture • 22min
- 165 Adjusting Entries21:30
Allocation of Expenses Using Classes2 lectures • 50min
- 170 Allocate Expenses to Categories19:42
- 171 Allocate Expenses to Categories Part 229:48
Recording Net Assets Released from Restriction & Closing Process2 lectures • 40min
- 172 Net Assets Released From Restriction17:50
- 175 Closing Entries22:02
Generating and Analyzing Financial Statements5 lectures • 1hr 30min
- 182 Unassigned Category Formatting17:52
- 185 Statement of Activities21:28
- 187 Expenses by Nature & Function19:53
- 190 Restricted Net Asset Detail Report16:00
- 192 Statement of Financial Position14:18
Example Problem In Excel7 lectures • 1hr 56min
- 14nn Not-For-Profit Part 1 Transactions38:07
- 14nn Not-For-Profit Part 2 Expense Allocation20:33
- 14nn Not-For-Profit Part 3 Closing Entries13:21
- 14nn Not-For-Profit Part 4 Statement of Financial Position10:42
- 14nn Not-For-Profit Part 5 Statement of Activities10:49
- 14nn Not-For-Profit Part 6 Statement of Cash Flows15:55
- 14nn Not-For-Profit Part 7 Reporting of Expenses by Nature and Function06:33